BK Chemicals Ltd manufactures BXE by mixing three raw materials. For each batch of 100 kgs...
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BK Chemicals Ltd manufactures BXE by mixing three raw materials. For each batch of 100 kgs of BXE, 125 kgs of raw materials are used. In June 60 batches are prepared to produce an output of 5,600 kgs of BXE. The standard and actual particulars for June are as follows: Raw materials A B C Mix % Calculate all Variance $ 50 30 20 Standard Price per kg Mix % $ 225 20 10 60 20 20 Actual Quantity of raw materials Price per kg Price per kg 21 8 6 5,000 2,000 1,200 BK Chemicals Ltd manufactures BXE by mixing three raw materials. For each batch of 100 kgs of BXE, 125 kgs of raw materials are used. In June 60 batches are prepared to produce an output of 5,600 kgs of BXE. The standard and actual particulars for June are as follows: Raw materials A B C Mix % Calculate all Variance $ 50 30 20 Standard Price per kg Mix % $ 225 20 10 60 20 20 Actual Quantity of raw materials Price per kg Price per kg 21 8 6 5,000 2,000 1,200
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Related Book For
College Accounting Chapters 1-30
ISBN: 978-0077862398
14th edition
Authors: John Price, M. David Haddock, Michael Farina
Posted Date:
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